NORTHFIELD HOSPITAL — financial and operating metrics

CCN 240014, NORTHFIELD, MN · Medicare cost reports, FY2020–FY2025

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2020FY2021FY2022FY2023FY2024FY2025
Total facility beds availableunverified373737373733
Total bed days availableunverified13,54213,50513,50513,50513,54212,045
Total facility dischargesunverified1,4171,5041,4331,5721,5971,732
Total facility inpatient daysunverified3,9184,7914,8245,1644,9665,242
Total patient revenue (gross charges)unverified$220,987,227$272,033,181$297,121,889$339,246,894$359,257,204$381,138,309
Contractual allowances and discountsunverified$120,973,821$153,371,747$175,306,610$206,928,185$225,910,763$241,075,150
Net patient revenueunverified$100,013,406$118,661,434$121,815,279$132,318,709$133,346,441$140,063,159
Total operating expensesunverified$106,570,032$121,891,681$132,079,558$144,805,319$140,574,006$145,359,982
Net income from service to patientsunverified$-6,556,626$-3,230,247$-10,264,279$-12,486,610$-7,227,565$-5,296,823
Net incomeunverified$6,755,010$8,155,450$-18,179,281$-8,118,461$-1,021,459$-540,799
Cost of uncompensated careunverified$1,622,845$1,428,035$1,097,887$1,726,982$1,067,160$4,442,669
Total facility bad debt expenseunverified$3,048,242$2,852,848$1,828,538$2,210,709$1,299,695$5,699,365
Charity care charges and uninsured discountsunverified$1,452,013$1,394,469$1,488,720$2,766,179$1,531,097$3,566,532
Cost of charity careunverified$536,245$468,549$496,153$1,022,495$708,459$2,901,248
Operating marginunverified-6.6%-2.7%-8.4%-9.4%-5.4%-3.8%
Overall cost-to-charge ratiounverified48.2%44.8%44.5%42.7%39.1%38.1%
Occupancy rateunverified28.9%35.5%35.7%38.2%36.7%43.5%
Average length of stayunverified2.83.23.43.33.13.0
Uncompensated care as % of operating expenseunverified1.5%1.2%0.8%1.2%0.8%3.1%
Charity care cost-to-charge ratiounverified36.9%33.6%33.3%37.0%46.3%81.3%
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